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Celestica Inc. (CLS)
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Celestica Inc. (CLS) DCF Valuation

Why we don't show a single “fair value” for CLS

Even the optimistic scenario of a conservative trailing-FCF model ($55.19) sits far below today's price — the market is paying for growth and durability beyond what this model structure captures. Off today's cash-flow base, no plausible growth rate bridges to the current price — the market is valuing normalized future cash flows, not the depressed base. The model scenarios below are shown for reference only.

ScenarioFCF growth (fading to 2.5%)DiscountValue / share
Conservative15.0%/yr12.4%$35.17
Base case18.0%/yr11.4%$44.61
Optimistic20.0%/yr10.4%$55.19

Current Price

$372.55

Market-Implied Growth

Base-Case Model Value

$44.61

model output — not a price target

CLS DCF Fair Value Calculator

Edit the assumptions to see how they change the estimated fair value. Opens seeded with TGM's data-driven base case for CLS (growth from its own 5-year record, discount from its beta), so the sandbox starts where the scenarios above leave off. Illustrative model — not investment advice.

18%/yr
Historical FCF CAGR: 3Y 33.0% · 5Y 26.5% · 10Y 20.4%
11.4%
2.5%
10yr

Base inputs: FCF $252.1M · 0.11B shares · net debt $163.7M

Estimated Fair Value

$73.97

-80.1% vs $372.55

Current price$372.55

Sensitivity — fair value by discount rate × terminal growth

How the estimated fair value shifts with the discount rate (WACC) and terminal growth, holding your 18.0%/yr FCF growth and 10-year horizon fixed. Green = above today's $372.55; red = below. Your current case is outlined.

WACC ↓ / Terminal →1.50%2.00%2.50%3.00%3.50%
9.4%$92.64$97.01$102$108$115
10.4%$79.43$82.58$86.12$90.15$94.76
11.4%$69.04$71.37$73.97$76.87$80.15
12.4%$60.70$62.46$64.41$66.56$68.96
13.4%$53.87$55.23$56.72$58.35$60.15

About Celestica Inc.

Headquartered in Toronto, Canada, and established in 1994, Celestica Inc. delivers comprehensive hardware platform and supply chain solutions to clients across North America, Europe, and Asia. The company operates through two key segments: Advanced Technology Solutions and Connectivity & Cloud Solutions. Celestica's extensive service portfolio encompasses the entire product lifecycle, from initial design and development, engineering, and supply chain management to new product introduction, component sourcing, electronic manufacturing and assembly, rigorous testing, complex mechanical integration, and systems integration. Further offerings include precision machining, order fulfillment, logistics, asset management, product licensing, and post-market repair and return services. Additionally, Celestica provides a wide array of products, including enterprise-grade data communication and information processing infrastructure such as routers, switches, data center interconnects, edge solutions, servers, and storage products. They also supply individual electronic components like capacitors, microprocessors, resistors, and memory modules, alongside power inverters, energy storage products, and smart meters. The company serves a diverse global clientele, spanning industries such as aerospace and defense, industrial, energy, healthtech, capital equipment, original equipment manufacturers (OEMs), and cloud service providers, including leading hyperscalers.

Toronto, ON
21,914 employees
Technology / Hardware, Equipment & Parts
Sector
Technology
Industry
Hardware, Equipment & Parts
CEO
Robert Andrew Mionis